It is bcos with falling value of ringgit, now the foreigner has more buying power, so for them, it is good time to invest, bcos they can get double benefit when ringgit up again. But for us, we already stuck with ringgit fall and rising cost of living.
When people say something that is too good to be true, beware then because it usually IS TOO GOOD TO BE TRUE.
I still remember during the beginning of 2008 when Joseph Stiglitz, a Noble laureate and all those Wall Street Analyst saying the US Market is going to boom and no worry about housing market.
See Hedge Funds that bet against China got wiped out!
For Templeton of Mark Mobius they have survived the Asian Financial Crisis of 1997/8, the Dot.Com Bubble of 2000/1 & the Lehman Brothers' Debacle of 2007/8.
So Mark Mobius is still hearty & enthusiastic at age 70!
YES calvin, i'm still confidence in NYLEX although making 10% losses. I believe if i hold for 20 years, sure 1 day i can recoup my losses. Unfortunately, the next crisis is around the corner.
Never believe in any fund managers. Use your own judgement. They are dealing with other people's money, win or loss is OK for them. You die when you lose.
banks in the US are not cover by the Federal Reserve. There are 100's of private owned banks. Unlike in Malaysia everything is under BNM . there are only 9 full fledged banks operating after consolation
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Posted by Na Zhou > 2016-03-16 02:31 | Report Abuse
can u introduc some wa for me ...i lose many many money at warrant market--